Debt Is Political: Why Wealth Flows From Poor to Rich
By Radhika Desai and Michael Hudson / Geopolitical Economy Report How does the structure of the international financial system cause a drain of wealth from the poor to the rich?…
By Radhika Desai and Michael Hudson / Geopolitical Economy Report How does the structure of the international financial system cause a drain of wealth from the poor to the rich?…
The world’s richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to…
"This inequality is no accident; the billionaire class is ensuring corporations deliver more wealth to them at the expense of everyone else," said Oxfam's interim executive director.
Salaries in the U.S. aren’t keeping up with inflation, despite pandemic-related increases in some sectors. That’s a major threat to the future for all working Americans – especially the youngest.
71% of Americans now approve of labor unions and 40% of union members say their membership is "extremely important."
The global ruling class is cementing into place a world where they govern without accountability, we are reduced to serfdom, the climate crisis accelerates, and mass death is normalized.
By Jake Johnson / Common Dreams In the nearly three decades since 1995, members of the global 1% have captured 38% of all new wealth while the poorest half of…
A jubilee moment in pandemic America? The poetry of a movement to change this country.
A discussion with Emmy Award-winning documentary photographer and filmmaker on her film “Generation Wealth" and the loss of the self.